I am putting together a P&L for an application for finance reasons. I work for myself, and for that reason and also as a landlord in addition to federal tax returns I am required to file a P&L statement. They ...
Hello All - Would be very thankful if someone can respond to thisI am buying a property from wholesaler. Upon appraisal the property was found to be 150 less than the tax roll. This will eat up most of my profit. I ha...
Hi All,New investor here, but I'm a commercial property manager and house hacker so not entirely green. My question is, how do you guys structure partnerships? For example, if I take the DSCR loan myself and use a HEL...
I'm an investor from California, looking at a property in Texas... familiar with CA tax but not TX tax. I've done some searching on the web and on BP and not quite getting to my answer so hoping someone knowledgeable...
Hey guys,If I'm reading this correctly, within the weeds of this massive stimulus bill was a pretty interesting tax loophole....."Businesses with losses can carry back net operating losses (NOLs) to prior taxable year...
Hello Omaha Investors,I have recently been looking into investing in rental properties in the Omaha market in areas around downtown and midtown. When I do the math on potential opportunities, almost every property I c...
This is a new one that I have just experienced. The tenant refused to allow an inspection. I never had an issue with doing inspections on prior tenants. Do you folks all do inspections during the lease? I suppose if t...
I'm 18 and I want to buy my first parcel of land, it's in this area of Minnesota and you have to pay a yearly association fee of $100 per lot you own.
There are two main lots I am trying to decide between:
- One is $...
Hi everyone,
I've been dealing only with resi deals and happened to be on craigslist the other day posting some of my rentals and came across a post. Called the guy and found out he has a a couple multi-family proper...
Hi everyone!I'm new to this great site and would be more than happy to share my investment experiences and also seek some wisdom from all of you! I bought a fourplex this year in Redlands CA, I'm still wondering why d...